NFI Group Inc. (TSE:NFI - Get Free Report) shot up 19.2% during mid-day trading on Friday . The company traded as high as C$13.49 and last traded at C$13.24. 234,166 shares changed hands during trading, a decline of 36% from the average session volume of 363,170 shares. The stock had previously closed at C$11.11.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on NFI. ATB Capital raised their price target on shares of NFI Group from C$24.00 to C$26.00 and gave the company an "outperform" rating in a report on Monday. CIBC raised their price target on shares of NFI Group from C$19.00 to C$20.00 and gave the company an "outperform" rating in a report on Monday. BMO Capital Markets dropped their price target on shares of NFI Group from C$14.00 to C$13.00 in a report on Friday. Finally, Cibc World Mkts raised shares of NFI Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 4th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of C$20.80.
Check Out Our Latest Stock Report on NFI
NFI Group Trading Down 1.3 %
The company has a 50 day moving average of C$12.04. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. The firm has a market cap of C$1.06 billion, a PE ratio of -43.82, a P/E/G ratio of -0.07 and a beta of 1.41.
About NFI Group
(
Get Free Report)
NFI Group Inc is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company's revenue, includes the manufacture of transit buses for public transportation, and motor coaches.
Featured Articles
Before you consider NFI Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NFI Group wasn't on the list.
While NFI Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
